Empyrean Energy Share Discussion Threads

[oilforex] 07/12/2017 18:53

Unfortunately I can't work out where the post fits into the Hotcopper board. It looks like something was posted around pages 27 -28 on the thread, but by whom I don't know.

Possibly a simliar situation on the PANR board yesterday where someone posted something from a subscription site and got asked to take it down.

I still personally believe that if it is real, that the actual contents can be open to interpretation, and may not reflect the conclusions that some are jumping to. Of course no one can be sure.

I certainly would agree that this is a major breach of regulations IF there does turn out to be any truth in it.

I'll be looking in again tonight to see what unfolds.

[wcj] 07/12/2017 18:49

I may be being dim, but the Strachan report seems to make sense, given that he (and we) have no idea which test band is actually being tested. The information from SGC started getting cloudy after drilling, when, instead of issuing logs, labelling them clearly, and maybe giving some idea of what characteristics they had, they started just referring to next band...next band... from the bottom and describing them as poor. It is hardly surprising that investors take fright. My own feeling is that we have now tested just two lousy bands at the bottom, tested in order to gain geological information rather than in the hope of commercial discovery, and that we will now move on to the main business. Strachan seems to be describing just this, but doesn't know how to refer to the band names because there is so much confusion about them.

So, SGC is at fault for failing to provide adequate information in the first place.

SGC appears to be at fault for giving Strachan inside information, and not embargoing its publication.

All surprising, in that SGC must be in need of funds, and a share price collapse is hardly going to make that easier.

In all SGC are making an absolute dog's dinner of their testing. I am sure that there are plenty of people telling them so. I hope that TK is among them.

It would be perfectly easy to lift the secrecy slightly and put out a clarifying statement disclosing logs, naming bands, describing progress to date and tghe results of testing. There may be a marginal commercial advantage in not giving information to competitors, but that seems to be minor compared to the chaos that they are presiding over.

[bskiny1] 07/12/2017 18:42

Has nobody on this BB or LSE. Subscribed to strachan

[whoneedslottery2] 07/12/2017 18:36

Is agent m saying that the report is real

[the guardian] 07/12/2017 18:27

If nothing is issued tomorrow to contradict it, the whole MMfooloery of today could be repeated tomorrow on the basis that it has been validated by inaction.- sickening.

[bskiny1] 07/12/2017 18:11

So, is this FAKE NEWS on not!

[bushman1] 07/12/2017 18:04

I'm not sure who you are Sir, but very well written. Hotcopper SGC

'' Claire, If SGC announce that this 2nd stage of testing is non-commercial, after the Strachan report entering the public domain today, which means he certainly had the information well before the market, I believe every shareholder/investor here (apart from those who had access to this information) should be extremely annoyed and upset with the management.

The announcement on Monday looked like 'let's just put something out' to placate shareholders who have probably been harassing the management team. Given that there was nothing in that announcement, imo once again, the operator shouldn't have released any information to the market.

As a shareholder in Empyrean, which is part of the JV, working under SGC who are the operator of this project, I feel well entitled to comment on my views of the operator, as it affects my investment. ''

[bskiny1] 07/12/2017 18:02

Could it be someone impersonating strachan

[the guardian] 07/12/2017 17:58

If this Strachan bloke was responsible for issuing false information, he should be fed to the sharks.

If he was responsible for releasing inside information, he should be fed to the sharks.

[jacksspitfire] 07/12/2017 17:56

Dont keep putting this post on the board !!!!

[stewart4800] 07/12/2017 17:55

This was on the XST board posted by agent M, it seems he got it from SGC board but this is what he said.

"Its real... Confirmed.. report to asx.. this is selective briefing... Insane!!!!"

[rutter] 07/12/2017 17:45

Bur someone said that they'd contacted Strachen. Why didn't he respond. Needs a thorough investigation if indeed a "fake"

[fairenough11] 07/12/2017 17:35

So,just hang on a minute.Was this post just words on a BB,with no link and it was taken on here as a GIVEN?

Pull the other one.

Stinky isn't the word.

[stewart4800] 07/12/2017 17:33

So 300K @ 13.30 not huge but enough to mop up many buys

[fairenough11] 07/12/2017 17:23

Fake?You would have thought the world was ending this AM on here.

I prefer SCAM.

[oilforex] 07/12/2017 17:16

Not sure I can see where someone has called it as fake, but certainly can't see the original post there. Seems to have gone walkabout. Mind you I don't really get the navigation of their boards.

Gotta be careful what you read and who you believe.

[t350toad] 07/12/2017 17:14

Brimsley, you could only ever dream about having such an effect. If it is a fake, I hope somebody is hung out to dry for this